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2024-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2024 To 31[st] December 2024

Charity name: The Lovett Foundation

Charity registration number: 1182450

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To relieve the needs of young people
entering, or who are in, the care system,
and/or who are being cared for by
Children’s Hospice South West in
particular, but not exclusively by;
a) Providing support and activities that
the care allowance in unable to
cover including, but not limited to,
activity days and the provision of
personal items.
b) Delivery of programmes to develop
the skills, capacities and capabilities
of young people to enable them to
participate in society as mature and
responsible individuals, which may
include activities to assist them to
gain employment.
c) Supporting children receiving
palliative care and their families
including, but not limited to,
aiding with transport
provision and contributing to items.
calculated to alleviate their needs.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
This year we have supported Caring in
Bristol by sponsoring a room in their new
youth shelter for 2 years.
We also supported School holiday activities
with Cardiff Council including kayaking,
quad biking, and a trip to Thorpe park.
We have committed to a five-year Care
Leavers Programme through Wiltshire
Community Foundation. We will send
£20,000 a year and deliver in-person
involvement where possible through their
partner charity SMASH.
We have also supported the Youth
Adventure Trust programme. We have
funded to support one vulnerable person
through their 3-year programme.
There has also been donations made to
Empire Fighting Chance to support their
Summer Hub, their “Climb for Change”
challenge, which saw 40 young people
summit Pen-Y-Fan, and supported their
Box Careers sessions which lead to one
young person securing a job.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 All trustees have read and understood the
guidance issued by the Charity
Commission on public benefit, and during
our planning sessions we keep this
guidance in mind.

Additional information (optional) You may choose to include further statements where relevant about:

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SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
We are very grateful for the time and effort
Para 1.38 given by our volunteers to keep The Lovett
Contribution made by Foundation running. Without this valuable
volunteers contribution of time, energy and expertise,
we would not have been able to achieve so
much. We have had money raised for us by
various activities including a Bake Sale, a
Rowing Fitness Challenge, Golf
Tournament, Cars and Coffee Events and
Football Tournament.
Volunteers have also donated to Food
Banks at Christmas and Easter.
Volunteers have taken part in fitness
challenges, such as a 10k race for
example, which has raised £841 for the
Lovett Foundation.
Other
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Achievements and Performance

SORP reference

Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 We have committed to a five-year Care
Leavers Programme through Wiltshire
Community Foundation. We will send
£20,000 a year and deliver in-person
involvement where possible through their
partner charity SMASH.
We continued to provide our foodbanks
across Swindon, Bristol and Cardiff to
make sure that individuals who were
affected financially by the current cost of
living crisis still able to have access to food,
cleaning products and toiletries especially
over the Christmas period.
We have supported Caring in Bristol by
sponsoring a room in their new youth
shelter for 2 years
We have also supported the Youth
Adventure Trust programme.
We have supported Empire Fighting
Chance with their Summer Hub, their
“Climb for Change” challenge, which saw
40 young people summit Pen-Y-Fan, and
supported their Box Careers sessions
which lead to one young person securing a
job.
We have developed a new partnership with
Homewards in Newport and hosted 2 in
person career sessions in the Newport
area.

Additional information (optional) You may choose to include further statements where relevant about:

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Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 Bank Account = 111,518
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The Lovett Foundation does not look to
maintain a significant reserve, unless a
decision has been made to support a
particularly large project.
Amount of reserves held Para 1.22
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional) You may choose to include further statements where relevant about:

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This year our main source of funds was
through Giveall – our salary sacrifice
The charity’s principal scheme, customer and staff donations
sources of funds (including Para 1.47 through Just Giving and fundraising. We
any fundraising) raised money with our annual bake sale
and a group wide football tournament.
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the principal Para 1.46
risks facing the charity
Other
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Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 CIO
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Trustees are appointed, or reappointed,
every 2 years at the start of the financial
period.

Additional information (optional) You may choose to include further statements where relevant about:

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Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Para 1.51
Other

Reference and Administrative details

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Charity name The Lovett Foundation
Other name the charity uses
Registered charity number 1182450
Charity’s principal address The Depot
Gate 1, Frankland Road
Swindon
SN5 8YW
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Names of the charity trustees who manage the charity

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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Rebecca Maloney Chair
2 Julian Winterburn
3 Emma Watkins
4 Kirsty Slater
Mathew
5
Hutchinson
6 Jack Taylor
7 Matthew Parham
8 Paul Blewett
9
10
11
12
13
14
15
16
17
18
19
20
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– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Julian Winterburn Position (eg Secretary, Trustee Chair, etc) Date 23/09/25

Charity Name Charity No. The Lovett Foundation 1182450

Receipts and payments accounts For the period Period start date To from 01/01/2024

CC16a Period end date 31/12/2024

Section A Receipts and payments

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Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 6,401 - - 6,401 32,795
Staff Salary Sacrifice 1,799 - - 1,799 1,035
Fund Raising 2,000 - - 2,000 3,129
Just Giving 6,475 - - 6,475 3,979
Bank Interest 4,110 - - 4,110 3,592
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 20,786 44,530
AR) [ 20,786 ]
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A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 20,786 - - 20,786 44,530
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A3 Payments

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General Expenses 1,008 - - 1,008 860
Event Expenses 2,799 - - 2,799 873
Swindon Council Donations 1,528 - - 1,528 4,081
Cardiff Council Donations - - - - 1,150
Youth Adventure Trust 4,100 - - 4,100 -
Empire Fighting Chance 4,158 4,158 -
Wiltshire Community Foundation 20,024 - - 20,024 -
Just Giving Charges 216 - - 216 216
Bank Charges 48 - - 48 30
General Donations 870 - - 870 16,817
Sub total [ 34,752 ] - - 34,752 24,027
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A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
Sub total [ - ] - - - -
Total payments 34,752 - - 34,752 24,027
Net of receipts/(payments) - 13,966 - - - 13,966 20,503
A5 Transfers between funds - - - - -
A6 Cash funds last year end 125,484 - - 125,484 104,981
Cash funds this year end 111,518 - - 111,518 125,484
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Section B Statement of assets and liabilities at the end of the period

Categories
unds
Details
Bank Balance
Unrestricted
funds
to nearest £
111,518
Restricted
funds
to nearest £
-
Endowment
funds
to nearest £
-

B1 Cash funds

B2 Other monetary assets

B3 Investment assets

B4 Assets retained for the charity’s own use

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Giveall
364 - -
- - -
Total cash funds 111,882 - -
(agree balances with receipts and payments
account(s)) Agreement Error OK OK
Unrestricted Restricted Endowment
funds funds funds
Details to nearest £ to nearest £ to nearest £
- - -
- - -
- - -
- - -
- - -
- - -
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
- -
- -
- -
- -
- -
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
- -
- -
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B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

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- -
- -
- -
- -
- -
- -
- -
Fund to which Amount due When due
Details liability relates (optional) (optional)
-
-
-
-
-
Date of
Signature Print Name
approval
Julian Winterburn
23/09/25
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Independent Examlner's Report to The Charlty Trustee$ ChAritylJamLThe Lovett Foundati.on ("The Charity") Qknar.ItyRegistrityotLNumhou' 118245Q Independent Examiner: Mi&bolleLoulse WhilbreAd Having conducted my review of The Charlty's hccounting records and accounts for year ended 31 December 2024. dl$¢ussing any matters arlsingwlih the relevant Trustee, I can confirm: The accountlng rtrcord5 to be full and complete. The accounts rèflgct the supportlng records. The format of the aeeount¥ Complies wlth the n•c$$$#ry regulatlons for su¢h a ¢harlty. Thgre are no matters outstandlng or Left to be expLalned so l Conclude thatthe ac¢ounts are a true and falr repr8$ontation of the Charlty's activity during the reportlngyè¥r. Mlchelle Loulse Vlhitbread Dated: 19S•ptèmb¢i2025